2017-07-07
In late June, the Federal Trade Commission (FTC) filed a complaint in federal
Read More from: Bonds & Botes, P.C.
2017-07-07
Readers this week highlighted the need for banks to upgrade payments systems, debated a small bank’s decision to ditch its legacy core vendor, lamented populist initiatives of the GSEs, and more.
Read More from: BankThink
2017-07-07
Jerome Powell says it's “now or never” to cut the government’s role in mortgage finance; Justice Department is monitoring eight banks for suspected money laundering.
Read More from: BankThink
2017-07-06
National Credit Union Administration Chairman J. Mark McWatters said dropping Consumer Financial Protection Bureau oversight of credit unions would free up CFPB resources.
Read More from: BankThink
2017-07-06
With traditional mortgage lending opportunities becoming increasingly scarce, banks in Seattle and Portland are loading up on jumbos, diving into multifamily and reviving dormant bridge loan programs.
Read More from: BankThink
2017-07-06
A judge has approved the inclusion of new payday lenders in a case seeking relief from the effects of Operation Choke Point, and denied defendants' motion for summary judgment against Advance America.
Read More from: BankThink
2017-07-06
Online and mobile banking are essential elements in 21st-century financial services, but there’s more to banking than digital transactions.
Read More from: BankThink
2017-07-06
Klarna, the Swedish fintech that recently received a banking license, has already inspired a generation of similar fintech competitors.
Read More from: BankThink
2017-07-06
Federal Reserve Board Gov. Jerome Powell stopped short of endorsing any single housing finance reform plan, but called on lawmakers to resolve what he described as the biggest unfinished business of the crisis.
Read More from: BankThink
2017-07-06
The subprime business lender halted new business and laid off scores of employees after recording higher-than-expected losses.
Read More from: BankThink
2017-07-06
PwC reports a modest improvement in its gender pay gap. A study finds a big gender pay gap in the U.K’s financial services industry. Plus, female founders speak out about sexual harassment and explain why they kept quiet before.
Read More from: BankThink
2017-07-06
Deciding it had had enough of problem energy credits, Houston’s Green Bancorp shifted capital to Small Business Administration loans, increasingly popular among community banks because of the premiums they fetch from investors and Washington's inc
Read More from: BankThink
2017-07-06
As you'll see from this list, regional banks are doing a better job bolstering their reputations than the big banks are, according to the 2017 American Banker/Reputation Institute Survey of Bank Reputations.
Read More from: BankThink
2017-07-06
Mark Van Der Weide will become the Federal Reserve Board's general counsel later this summer, succeeding Scott Alvarez.
Read More from: BankThink
2017-07-06
Vantiv acquired Worldpay, but JPMorgan's interest in an acquisition reveals its interest in payment processing.
Read More from: BankThink
2017-07-06
The merger of the U.K. and U.S. payments processors carries both benefits and risks; Duperreault taps Marsh & McLennan veteran.
Read More from: BankThink
2017-07-06
Time for a Fresh Look at the "Undue Hardship" Bankruptcy Standard for Student Debtors
Read More from: Shenwick & Associates
2017-07-06
Irvine, Calif.-based AutoGravity has received $30 million in equity financing from VW Credit, according to a source familiar with the matter.
Read More from: BankThink